What is the price-to-earnings ratio of Euronav?
The price-earnings ratio of Euronav is currently 10.65.
Euronav P/E 2024
Euronav P/E
10.65
Ticker
EURN.BR
ISIN
BE0003816338
WKN
A0DNRS
As of Sep 6, 2024, Euronav's P/E ratio was 10.65, a 202.56% change from the 3.52 P/E ratio recorded in the previous year.
The Euronav P/E history
Euronav Aktienanalyse
What does Euronav do?
Euronav NV is an international shipping company based in Antwerp, Belgium. It was founded in 1995 and specializes in the transportation of crude oil and petroleum products. Euronav is one of the largest independent tanker shipping companies in the world, operating a fleet of approximately 80 vessels. The company uses its ships to transport oil from producers to ports around the world, prioritizing safety and utilizing advanced technology. Euronav operates a combined strategy of spot market and long-term charter contracts to generate revenue from both short and long-term transactions. This allows the company to benefit from market volatility and adapt accordingly. Additionally, Euronav seeks synergies with other shipping companies and forms partnerships to further expand its business. Since 2014, Euronav has been jointly active with Frontline in the company Tankers International, operating the largest tanker fleet in the world. Euronav is divided into two business segments: Tankers and FSO (Floating Storage and Offloading). The Tankers segment includes all activities related to the transport of liquid cargoes such as crude oil and petroleum products, as well as the operation of tankers. The FSO segment involves the sale of FSO units, typically used for offshore storage of oil, gas, and petrochemical products. This enables continuous production on land without transportation constraints. Euronav operates a wide range of tankers suitable for transporting various oil products, including crude oil, refined oil, jet fuel, and LPG. The fleet includes the largest tankers currently in the industry, with capacities ranging from 300,000 barrels to 3 million barrels per vessel. The FSO units are flexible and can be configured according to demand, serving as either storage units for crude oil or gas terminals. Euronav was founded in 1995 by three Belgians: Paddy Rodgers, Marc Saverys, and Hugo de Stoop. The company resulted from the merger of two companies: Petrobulk, specializing in the transport of crude oil and chemicals, and CMBT, a leading shipping and logistics group. Over the years, Euronav expanded and acquired several other shipping companies. Today, it is one of the world's leading tanker shipping companies. In summary, Euronav NV is an internationally operating shipping company specializing in the transportation of crude oil and petroleum products. It operates a fleet of approximately 80 tankers and FSO units, engaging in spot market and long-term charter contracts. The company is divided into two business segments: Tankers and FSO. The fleet includes the largest tankers in the world, with capacities of up to 3 million barrels per vessel. Founded in 1995, Euronav has since grown through mergers and acquisitions to become one of the largest independent tanker shipping companies in the world. Euronav ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Euronav's P/E Ratio
The Price to Earnings (P/E) Ratio of Euronav is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Euronav's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Euronav is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Euronav’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Euronav stock
How has the price-earnings ratio of Euronav changed compared to last year?
The price-to-earnings ratio of Euronav has increased by 202.56% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Euronav high compared to other companies?
Yes, the price-to-earnings ratio of Euronav is high compared to other companies.
How does an increase in the price-earnings ratio of Euronav affect the company?
An increase in the price-earnings ratio of Euronav would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Euronav affect the company?
A decrease in the price-earnings ratio of Euronav would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Euronav?
Some factors that influence the price-earnings ratio of Euronav are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Euronav pay?
Over the past 12 months, Euronav paid a dividend of 3.2 USD . This corresponds to a dividend yield of about 20.45 %. For the coming 12 months, Euronav is expected to pay a dividend of 3.41 USD.
What is the dividend yield of Euronav?
The current dividend yield of Euronav is 20.45 %.
When does Euronav pay dividends?
Euronav pays a quarterly dividend. This is distributed in the months of January, June, August, August.
How secure is the dividend of Euronav?
Euronav paid dividends every year for the past 12 years.
What is the dividend of Euronav?
For the upcoming 12 months, dividends amounting to 3.41 USD are expected. This corresponds to a dividend yield of 21.8 %.
In which sector is Euronav located?
Euronav is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Euronav kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Euronav from 7/18/2024 amounting to 0.34 USD, you needed to have the stock in your portfolio before the ex-date on 7/10/2024.
When did Euronav pay the last dividend?
The last dividend was paid out on 7/18/2024.
What was the dividend of Euronav in the year 2023?
In the year 2023, Euronav distributed 0.12 USD as dividends.
In which currency does Euronav pay out the dividend?
The dividends of Euronav are distributed in USD.
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Andere Kennzahlen von Euronav
Our stock analysis for Euronav Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Euronav Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
